Lord Drayson: My honourable friend the Parliamentary Under-Secretary of State for Defence (Don Touhig) has made the following Written Ministerial Statement.
	Key Targets have been set for the chief executive of the UK Hydrographic Office for the financial year 2005–06. The targets are designed to drive further improvements to the agency's performance and are as follows.
	Key Target 1: Safety
	While aiming for 100, to achieve a safety index exceeding 95. All radio navigational warnings issued to timescale.
	Key Target 2: Defence
	To achieve an index rating of 95 or more for the defence programme as set out in the tasking authorisation forms.
	Key Target 3: Customer Satisfaction
	Customer and end user satisfaction to exceed a scale rating of 87 by the end of financial year 2005–06.
	Key Target 4: Wider Markets
	To earn revenue of £3.6 million from markets other than SOLAS (UN Safety of Life at Sea) navigational products and services.
	Key Target 5: Finance
	To break even, taking one year with another and to achieve a return on capital employed of 9 per cent in the financial year 2005–06.
	Key Target 6: Finance
	Mark-up to be reduced to 210 per cent by end 2005–06.
	Notes
	Key Target 1: This is a composite target (theoretical maximum 100) measuring the timeliness of the turnaround of safety critical data, the quality of the data handling processes and the safety risk associated with the worldwide chart series.
	Key Target 2: The defence customer uses tasking authorisation forms to define the products and services it requires; this target (theoretical maximum 100) relates to the UKHO's performance against these requirements.
	Key Target 3: The satisfaction of customers and end users is surveyed on a quarterly basis; this target is based on the question of how satisfied, on a scale of 0 to 100, are they with the UKHO as a supplier.